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ChosunYepJeon is a network of computers (객주 token) which use the chosun consensus algorithm to atomically settle and record transactions on a secure distributed database(객주창고), the ChosunYepJeon Consensus Ledger (YJCL). Because of its distributed nature, the YJCL offers transaction immutability without a central operator. The YJCL contains a built-in currency exchange and its path-finding algorithm finds competitive exchange rates across order books and currency pairs.

• Distributed
  • Direct account-to-account settlement with no central operator
  • Decentralized global market for competitive FX
• Secure
  • Transactions are cryptographically signed using ECDSA or Ed25519
  • Multi-signing capabilities
• Scalable
  • Capacity to process the world’s cross-border payments volume
  • Easy access to liquidity through a competitive FX marketplace